Mexico Plans $323 Billion Investment in Energy Projects through 2030
Mexico's government plans to invest 5.6 trillion pesos ($323 billion) in energy projects and public works by 2030 as part of President Claudia Sheinbaum's 'Plan Mexico' to boost economic growth. The initiative includes around 1,500 projects, primarily focused on the oil and gas sector and transport infrastructure, and aims to attract both public and private capital. A bill outlining specific investment vehicles will soon be presented to Congress, with expectations of economic growth increasing to 2.5% to 3% by 2026.
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Mexico's government aims to invest 5.6 trillion pesos ($323 billion) in energy projects and public works by 2030, as part of President Claudia Sheinbaum's 'Plan Mexico' to stimulate economic growth. The plan encompasses approximately 1,500 projects and includes 722 billion pesos in additional investments beyond this year's budget.
It focuses on the oil and gas sector and transport infrastructure, attracting both public and private capital. A bill defining specific investment vehicles will be sent to Congress shortly. Sheinbaum's administration is also developing tax-incentivized hubs to attract businesses despite trade uncertainties with the U.S.
An investment plan for Pemex oil projects is expected soon, alongside initiatives to boost domestic natural gas production. The finance minister forecasts economic growth of 2.5% to 3% in 2026, an increase from 0.5% last year.
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